Tuesday, December 5, 2023
As per a recent study by Future Market Insights, India’s market of sports tourism which is a worth US$ 10,870.41 million at present, is expected to rise at an astonishing CAGR of 17.1% and by the end of the forecast period, it will become almost US$ 52,967 million.
In the last decade, there has been inauguration of quite a few league games like ISL, PKL, IPL, etc. These leagues have not only contributed towards a growing follower relating to these league games, but there has been a huge rush, both in terms of domestic and international tourists. This might grow the demand for sports tourism in India.
Huge media coverage is provided to the host country of sports tourism. This coverage will include not only the sporting event but will offer important information about the cultural and entertainment locations of the host country along with the country profile in general. So, the market of Indian sports tourism trends is anticipated to experience an upward curve.
There are big mainstream tour operators who create a distinct division to make the most of the possibility of Sports Tourism. In India, it was a novel concept about a decade ago, now Sports Tourism has developed quite fast in the last five years.
Tags: India, sports tourism
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